https://www.taxtmi.com/highlights?id=53173 TDS u/s 194C - disallowance u/s 40(a)(ia) - Payments to contractors - Though the substitution in section 40 has been made effective with effect from 01.04.2015, in our view, the benefit of the amendment should be given to the assessee either by directing the Assessing Officer to confirm from the cab owners, as to whether the said parties have deposited the tax or not and further or restrict the addition to 30% of the disallowance. - AT en-us Mon, 27 Apr 2020 11:20:37 +0530 Mon, 27 Apr 2020 11:20:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53173 TDS u/s 194C - disallowance u/s 40(a)(ia) - Payments to contractors - Though the substitution in section 40 has been made effective with effect from 01.04.2015, in our view, the benefit of the amendment should be given to the assessee either by directing the Assessing Officer to confirm from the cab owners, as to whether the said parties have deposited the tax or not and further or restrict the addition to 30% of the disallowance. - AT Highlights Income Tax Mon, 27 Apr 2020 11:20:37 +0530 https://www.taxtmi.com/highlights?id=53173